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Mahrosh Fatima
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$AEON — Today’s rise looks more like an oversold rebound than a trend reversal.
Whales hold large low-level positions, while heavy trapped positions remain above. Any push up may simply be a bull trap to attract longs and create fresh selling pressure.
Mid-to-long term, the outlook remains bearish unless the AI narrative brings a strong catalyst.
⚠️ Avoid chasing longs at the top.
⚠️ Shorts can be considered with
#FOMCRateCallThisWeek
#AIAnxietyHitsChipStocks
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